BrokerCue

Broker Comparison

J.P. Morgan Wealth Management vs Vanguard

Compare J.P. Morgan Wealth Management and Vanguard side by side: fees, regulation, platforms.

J.P. Morgan Wealth Management

J.P. Morgan Wealth Management

Chase clients who want investing and banking in one place

J.P. Morgan Wealth Management combines self-directed online investing with advisor services, $0 online stock โ€ฆ

VS
Vanguard

Vanguard

Long-term fund and ETF investors

Vanguard offers funds, ETFs, stocks, bonds, margin, options, Cash Plus and advice services, with $0 online coโ€ฆ

Head-to-head comparison

J.P. Morgan Wealth Management vs Vanguard
Feature J.P. Morgan Wealth Management Vanguard
Minimum deposit No minimum investment to open a J.P. Morgan Self-Directed Investing account; start trading with as little as $1 $0 to open an account
Stock trading fee U.S.-listed stocks: $0.00/trade online; $25.00/trade call-in $0 online stock trading
Regulators FINRA FINRA
Best for Chase clients who want investing and banking in one place Long-term fund and ETF investors
Markets & account
Stocks
ETFs
Bonds
Options
Funds
Fractional Shares
Money Market Funds
Margin
Ready Made Portfolios
โ€”

Pros & cons

J.P. Morgan Wealth Management

J.P. Morgan Wealth Management

Pros

  • Unlimited $0 online trades on U.S.-listed stocks and ETFs
  • Self-directed investing can start with as little as $1
  • Fractional shares of S&P 500 and NASDAQ 100 assets from $5
  • Options trade online for $0 plus $0.65 per contract
  • Chase Mobileยฎ app combines banking and investing access
  • Cash transfers into accounts have no J.P. Morgan fee
  • Margin rates are published by balance tier

Cons

  • Call-in stock and ETF trades cost $25.00 per trade
  • Options still carry a $0.65 per-contract fee
  • Full outgoing brokerage account transfers cost $75
  • Wire transfers cost $25 per wire
  • Physical stock certificate safekeeping costs $10 monthly per position
  • Low-priced, block and algorithmic trades are not available
  • Self-directed margin accounts cannot sell cash-secured puts
Vanguard

Vanguard

Pros

  • $0 online commissions for stocks, ETFs and Vanguard mutual funds
  • $1 minimum for Vanguard ETFs through fractional shares
  • $0 Cash Plus minimum balance and no service fee with e-delivery
  • Digital Advisor starts at $100 with no advisory fee for 90 days
  • SIPC coverage up to $500,000 for eligible brokerage securities
  • Free dividend reinvestment with no commission

Cons

  • $25 annual account service fee unless e-delivery is selected
  • Most Vanguard mutual funds require a $3,000 minimum
  • Individual bonds require a $1,000 minimum investment
  • Personal Advisor requires a $50,000 minimum
  • Cash Plus has no issued checks or ATM card
  • Cash Plus transactions may face 7-day or 60-day holding periods
J.P. Morgan Wealth Management

J.P. Morgan Wealth Management

J.P. Morgan Wealth Management combines self-directed online investing with advisor services, $0 online stock and ETF trades, fractional shares and Chase app access.

Your capital is at risk. Other fees apply.

Vanguard

Vanguard

Vanguard offers funds, ETFs, stocks, bonds, margin, options, Cash Plus and advice services, with $0 online commissions on major listed products.

Your capital is at risk. Other fees apply.

Not the right match?

Line up any two brokers side by side, or browse the full list to find your next platform.